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U.S. stocks tumbled Thursday on fears of prolonged high interest rates due to stubborn inflation.
U.S. stocks plunged on Thursday amid growing concerns over rising interest rates and inflation data, with the S&P 500 and Nasdaq posting their steepest declines in months.
Investors reacted nervously to new economic reports suggesting persistent inflation, sparking fears the Federal Reserve may extend higher rates longer than expected.
The sell-off hit tech stocks hardest, dragging down major indices, while bond yields climbed as markets priced in tighter monetary policy.
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Las acciones estadounidenses cayeron el jueves por temores de tasas de interés altas prolongadas debido a una inflación obstinada.